Progressive Views on the News

Billionaire Arnold Backs Both Sides in Rhode Island Race

Texas billionaire John Arnold, who has drawn attention for his interest in public sector pension reform (meaning that public sector pensions are too generous), is supporting both sides of the gubernatorial race in Rhode Island.

Arnold is also a major supporter of charter schools, Common Core, and other “reforms” favored by corporate reformers.

The Providence Journal reports:

” PROVIDENCE, R.I. – Billionaire Houston philanthropist John Arnold is not only investing heavily in the political future of state General Treasurer and gubernatorial candidate Gina Raimondo — he’s also backing a national education effort showcasing her Democratic rival: Providence Mayor Angel Taveras.

“Arnold’s philanthropic organization, the Laura and John Arnold Foundation, has awarded $4.25…